What are the basics of trading? - page 12.

lyons

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Quote from: sister1001 on January 21, 2018, 06:06:13 PM

If you were new to trading, charts, markets, etc.. Where would you start learning the common background and basics to be able to at least know what you do, not yet to know how to make profits.

In my opinion you should make a good balance between your desires and the reality, before making any kind of investments. Of course cryptocurrency world is full of new opportunities, but if you don't be logical, I think you can not rise your chance to get good profits.

legendbtc

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Quote from: Pebryan on February 17, 2018, 09:18:06 AM

actually a lot of basics for trading, you can get it in the articles on the internet that is very helpful. but in this bitcointalk, many are more experienced and professional than the words in the article. articles are just additional science to learn trading. the real science lies in your trading experience.

To become professional it will take a lot of time because without having any practical experience it is not possible to learn. There are many videos on youtube you can easily get the basic knowledge about the trading, but in cryptocurrency, there is no demo account for testing. But you need to start with the little amount and starting basis about what you learned through youtube videos.

Nicol3

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I started trading a year ago and the first thing that got into my mind was to know the basics about trading, and what better way to know it is through Google and Youtube. I'm a visual learner so by seeing how they do it and scribbling on some graphs to let me better understand it too. Then I downloaded on google ebooks about trading too. Like this one http://www.traderplanet.com/ebooks/ (*not advertising or anything, just sharing where I got my research from*).

nakamura12

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Quote from: kendra1107 on January 22, 2018, 08:48:55 AM

Quote from: sister1001 on January 21, 2018, 06:06:13 PM

If you were new to trading, charts, markets, etc.. Where would you start learning the common background and basics to be able to at least know what you do, not yet to know how to make profits.

Basically, before jumping into trading you should first do your research about the system. Our friend above gave you a reference, so you should check it out. And when you have decided to start trading, get a feel of it first. Invest only what you can afford to lose as many would say. This is like a cardinal rule in trading. It would be wise t follow it for you to lessen the margin of risk. Lots of luck to you if you would pursue a trading career.

Right decision is to listen with his shared knowledge on where you can search for information in basic trading like he point out above in order for you to lessen risk like he said or else your profit(will be earned in near future) will be lost. You might lost your cryptocurrency if you just trade and trade without checking on how to trade. Don't forget to follow their advice or information he shared or indicated above.

Dennys52

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I think that enough time for reading in this forum is enough to tell about the trade. Because there are a lot of topics that talk about how to become an expert trader or what advice / methods you are involved in trading.

zoiapisya

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You can read books like "Reminiscences of a Stock Operator", as well as "The Disciplined Trader". You also need to learn the basics of blockchain

newuser20

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Quote from: sister1001 on January 21, 2018, 06:06:13 PM

If you were new to trading, charts, markets, etc.. Where would you start learning the common background and basics to be able to at least know what you do, not yet to know how to make profits.

If you want to trade and make profit on it you may go studying to the astrofx (they are in great britain) and you need to trade on demo-account about 1-2 years Cheesy

HotHot143

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Quote from: sister1001 on January 21, 2018, 06:06:13 PM

If you were new to trading, charts, markets, etc.. Where would you start learning the common background and basics to be able to at least know what you do, not yet to know how to make profits.

Basic of trading like technical analysis and fundamental analysis. You can check here at babypips.com that's where I started to learn all the basics and it's really helpful to me when I started trading.

seymenyunus1654

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Firstly we have to learn techincal and basic analysis. trading basically is trading and buying the same as trading life in the market you must be observant to see the market when it goes down and up must monitor it. to get to your purchases at cheap price and waiting for new ride you sell it directly jump in spaciousness use capital a little bit first and feel the movement of graph market. Whatever happens, we have to do a lot of research. And be patient.

chel0

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Quote from: Olegnar on February 17, 2018, 04:01:19 PM

You can read about it here and anywhere on internet basically. Start to trade with small amount. So if you lose you will lose just a small amount and you can continue to trade, hopefully you will learn something too. Learn about your investment.

Yes agree. Trading is just like a game it is either winning or losing. Start with a small amount then keep pressing forward and eventually it will lead to success.

imsotiredofmoviereboots

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The basics of trading and also the first thing that I learned is to study and get familiarized on how to use an exchange. How to buy and sell, transfer it to another wallet and setting the prices.

Dennys52

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You can start from there, also you can follow 10-20 good traders on Twitter, Youtube, watch how they do it, and go ahead.

Olegnar

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You can read about it here and anywhere on internet basically. Start to trade with small amount. So if you lose you will lose just a small amount and you can continue to trade, hopefully you will learn something too. Learn about your investment.

BitProCoin

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First of all, you should only trade with the money that you can afford to lose, because the cryptocurrency market is very risky.

Rana590

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Trading is not an easy work for all. In this respect, there are need a lot of experience. You should not wait for big profit. Sell with 5-10% commission. Be alert with your capital.

seroja17

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Quote from: kendra1107 on January 22, 2018, 08:48:55 AM

Quote from: sister1001 on January 21, 2018, 06:06:13 PM

If you were new to trading, charts, markets, etc.. Where would you start learning the common background and basics to be able to at least know what you do, not yet to know how to make profits.

Basically, before jumping into trading you should first do your research about the system. Our friend above gave you a reference, so you should check it out. And when you have decided to start trading, get a feel of it first. Invest only what you can afford to lose as many would say. This is like a cardinal rule in trading. It would be wise to follow it for you to lessen the margin of risk. Lots of luck to you if you would pursue a trading career.

How individual and psychological factors determine the future of your trade, Money Management: Setting balance, multiple, capital, and risk calculations?

kurdun

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The main rule is to buy cheaper and then sell more expensive, just do not panic if the price drops drastically, it does not mean that the price does not rise to the previous level or higher

sapitomolepas

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The most important steps of trading is opening an order and closing order fix the trading result.
Opening Order
It is possible to trade on the MetaTrader 4 platform using the market or pending order. Market orders are

Pebryan

member

Activity: 168

Merit: 10

actually a lot of basics for trading, you can get it in the articles on the internet that is very helpful. but in this bitcointalk, many are more experienced and professional than the words in the article. articles are just additional science to learn trading. the real science lies in your trading experience.

Leamirra

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Activity: 448

Merit: 116

Quote from: duongit on January 22, 2018, 11:18:26 PM

It's very difficult.i've lost much money from trade Sad

Everyone has unique experience and results. It depends on knowledge, skills, anticipation abilities and luck.

Topic: What are the basics of trading? - page 12. (Read 1852 times)